Coldwater, OH is a charming small town located in Mercer County with an estimated population of 2,500. The cost of living in Coldwater is quite reasonable, which includes an average two bedroom rent of $810 and a grocery cost index of 93 versus 100 in the US. This low cost of living makes it easy to maintain a comfortable lifestyle while enjoying the many attractions near Coldwater.
The area surrounding Coldwater is home to numerous well-known companies such as Crown Equipment Corporation, Miller City Manufacturing, Hess Tool & Machine Company and Elegant Plastics Corporation. With these businesses just minutes away from downtown Coldwater, residents enjoy easy access to employment opportunities and other services that are hard to come by elsewhere. Furthermore, the town’s proximity to larger cities like Fort Wayne and Dayton provide additional options for work and entertainment.
Coldwater (zip 45828) has an unemployment rate of 2.8%. The US average is 6.0%.
Coldwater (zip 45828) has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 32.4%, which is lower than the US average of 33.5%.
Tax Rates for Coldwater (zip 45828)
- The Sales Tax Rate for Coldwater (zip 45828) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Coldwater (zip 45828) is 4.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Coldwater (zip 45828)
- The average income of a Coldwater (zip 45828) resident is $25,725 a year. The US average is $28,555 a year.
- The Median household income of a Coldwater (zip 45828) resident is $74,605 a year. The US average is $69,021 a year.